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Wednesday, May 22, 2019

Counter UAV Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report by 2024


The counter unmanned aerial vehicle (UAV) market is growing robustly due to the increasing misuse of drones across the globe. It deals with new emerging fears of UAVs like, terrorism, drug trafficking and corporate surveillance. On the basis of technology used to detect and disrupt UAV, the counter UAV market is classified as electronic, laser and kinetic.

The counter UAV market is driven by the advancements in the capabilities of UAVs. Companies providing counter UAV defense systems to militaries are heavily investing in it by developing newer ways to counter the threat from UAVs to ensure safety and security from terrorists.

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Defense end-users of the counter UAV market are shifting their focus from quantity to quality, in addition to cost efficiency. However, this has posed a challenge to the vendors as they find it challenging to maintain a balance between cost and quality at the same time and provide upgrades and retrofit solutions that meet modern military needs.

Counter UAV market is categorized on the basis of application, into detection, and detection and disruption. Among them, the demand for detection and disruption application is growing. This is due to its growing applications in military and defense security sectors because they detect and destroy UAV entering in restricted areas.

Due to the recent increase in the number of unwanted drones, a new technology called drone defender was developed. Upcoming trends like introduction of drone defenders will foster the market growth for counter UAV market during the forecast period. Counter UAV market faces challenges from the legal and regulatory laws.

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Key vendors in the counter UAV market are Airbus S.A.S., Blighter Surveillance Systems Ltd., Leonardo S.p.a., SRC Inc., Thales Group. Other prominent vendors in the counter UAV market are Northrop Grumman, Israel Aerospace Industries, Chess Dynamics, and Enterprise Control Systems.

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